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Armed with more than $750 million in funding, Brett Adcock vows that Figure will become one of the most important businesses in the world. First, there is a lot of work to do. Adcock, the 38-year-old founder and CEO of robot maker Figure, is riding high. In January, the company announced a collaboration with BMW, with the goal of putting Figure’s robots to work at the German automaker’s Spartanburg, South Carolina manufacturing plant. Six weeks later, Figure raised $675 million at a $2.6 billion valuation from the likes of Microsoft, Nvidia, OpenAI Startup Fund and Jeff Bezos. At the same time, Figure signed a collaboration agreement with OpenAI to develop next generation AI models for humanoid robots. <br/><br/>The valuation makes Adcock, who owns about 50% of the Sunnyvale, California company, a new billionaire. With his Figure stake and shares from a previous startup, he’s worth an estimated $1.4 billion. <br/>Even with all the money in the world, success is not assured.<br/><br/>0:00 Intro<br/>0:35 Who is Brett Adcock?<br/>1:45 Building the Figure Team <br/>2:18 What Makes Figure Different?<br/>3:16 Figure 01 Demonstration<br/>4:44 Training Humanoids<br/>6:47 The Future of Robots <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/04/15/meet-the-new-ai-robot-billionaire/?sh=4eef9f7f7c32<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Meet The New AI Robot Billionaire

⏲ 8:35 👁 3.7M

The TV season looks a bit different this year, given that the since-resolved SAG-AFTRA and WGA strikes had an impact on programming this year. With most shows returning in February this year, we’re truly still in the thick of 2024 network programming. Delays or not though, it’s a bit early to be thinking about cancellations at this point. However, such decisions have already been made over at NBC, it seems. The company got the ball rolling by dropping the ax on two series that fell under the umbrella of unscripted content. <br/><br/>NBC has officially canceled both \

It Feels Too Early For Network TV To Start Canceling Shows, But NBC Just Got The Ball Rolling

⏲ 1:15 👁 3.3M

A millennial boss lets her employees make their own schedule, wear what they want and treats them to private yacht trips. <br/><br/>Maddy Birdcage, 34, switched up how she ran her business after her company faced an $100,000 AUD tax debt she blames on her own micro-managing.<br/><br/>The mum-of-two fired half her employees and started from scratch again - hiring self-motivated problem solvers, she said.<br/><br/>She lets her team of nine bring their kids into the office during school holidays, set their own schedules and work from home when they need to.<br/><br/>Maddy also feels it it important to treat her staff and is planning to take them on a $40k AUD overnight yacht trip when they all hit a team goal.<br/><br/>The owner of marketing agency, Birdcage Marketing, says since making the changes her employees are \

Millennial boss lets her employees set their own schedules and bring their kids in

⏲ 2:57 👁 950K

The Senate passed a bill compelling ByteDance to sell TikTok in the US within a year or face a ban, garnering strong bipartisan support. TikTok vows to contest it in court, citing First Amendment violations. Concerns linger about data privacy and censorship linked to China, amid ongoing political scrutiny of the platform. <br/> <br/>#tiktokbanusa #tiktokbanusa2024 #tiktokbanushouse #tiktokbanusreaction #tiktokbaninusalive #tiktokbaninusa#tiktokbaninusalatestnews #tiktokbaninussenate#JoeBiden #TikToknews #Worldnews #news #Oneinda #Oneindia news<br/>~ED.101~GR.122~

TikTok Ban: Senate Passes Bill Targeting App, Ban Looms If Parent Company Fails to Divest | Oneindia

⏲ 2:34 👁 1.9M

The rental car company plans to dispose of an additional 10,000 EVs than initially planned—intending to sell 30,000 total in 2024.

Hertz is ditching EVs after losing $195 million from Teslas

⏲ 0:42 👁 910K

Mercedes-Benz Vans wants to further expand its position as a leading manufacturer of premium vans. In doing so, the company is consolidating a decisive competitive advantage: the customised diversity of its portfolio for commercial and private use – offering a range of fully electric and conventionally powered vehicles in the small, midsize, and large van segments. The introduction of the modular and scalable Van Electric Architecture (VAN.EA) from 2026 marks the gradual transition to a focused premium strategy for commercial vans. The new Vito, eVito, Sprinter and eSprinter light commercial vehicles are a key step on this journey. They offer more comfort, safety, and functionality, especially thanks to a plus in intelligent, digital networking. This sets the course for further growth at the upper end of their respective segments.

Mercedes-Benz Sprinter 4x4 in Steel blue Driving Video

⏲ 2:45 👁 840K

The TV season looks a bit different this year, given that the since-resolved SAG-AFTRA and WGA strikes had an impact on programming this year. With most shows returning in February this year, we’re truly still in the thick of 2024 network programming. Delays or not though, it’s a bit early to be thinking about cancellations at this point. However, such decisions have already been made over at NBC, it seems. The company got the ball rolling by dropping the ax on two series that fell under the umbrella of unscripted content. <br/><br/>NBC has officially canceled both \

It Feels Too Early For Network TV To Start Canceling Shows, But NBC Just Got The Ball Rolling

⏲ 1:15 👁 2.4M

India is the world's third-largest car market, but tire waste is a growing problem. A tire recycling company is making the rubber meet the road, recycling old tires into a material that is used to reinforce asphalt for road construction.

How India is making new roads from recycled old tires

⏲ 6:13 👁 9.2M

Trump Media's leadership claimed the company is being targeted by illegal short sellers hoping to drive down the price of shares. In a letter released Friday, Trump Media CEO Devin Nunes told the president of the NASDAQ, quote, \

Trump Media Suspects Illegal Short Sellers Targeting Stock

⏲ 0:51 👁 21.3M

Welcome to Fan Reviews News. President Joe Biden has signed a bill that could potentially ban TikTok, but here's the catch: it won't happen until after the 2024 election. The legislation gives TikTok's parent company, ByteDance, nine to twelve months to sell the popular video-sharing app or face a nationwide prohibition in the United States. However, there is a possibility for a one-time extension of 90 days if there is significant progress. This means that TikTok, which currently has 170 million American users, will remain active throughout the fall campaign and continue to provide a platform for candidates to connect with younger voters. Previously, there was the potential for a ban before the 2024 election, but recent changes to the bill have eliminated that immediate threat. We will keep you updated as this story develops, on Fan Reviews News.

TikTok Faces Potential United States Ban as President Biden Signs New Bill

⏲ 0:53 👁 13.5M

Rick Woodbury claims he has created a car that might solve the world’s traffic congestion problems. Rick from Spokane, Washington USA, is the president, founder and sole employee of ‘Commuter Cars.’ The carmaker’s flagship model is the 2005 super slim two-seater Tango T600, a high-performance electric car that preceded Tesla. Rick told Ridiculous Rides: “I started this company 21 years ago – it was based on an idea that I came up with in 1982.” He was inspired by the shocking traffic congestion he had to face on a daily basis.

Tiny Electric Car Cost $420,000 To Build

⏲ 4:31 👁 695K

Despite supposedly landing a deal on Shark Tank, the environmentally conscious company Stasher has largely carved their own way in the commercial world. Despite some hiccups during their pitch, the company seems to be going as strong as ever these days.

We Finally Know What Happened To Stasher After Shark Tank

⏲ 4:43 👁 1.1M

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